{
  "docId": "019dd923-622c-750b-8b9a-0f4bec37392f",
  "docSlug": "f982379e2e48",
  "documentTitle": "Lasertec Corporation (6920)",
  "authorId": "58_Scorpion_Capital",
  "authorName": "Scorpion Capital",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2024-06-05 00:00:00",
  "orientation": "landscape",
  "aspectRatio": 1.3333334,
  "pageNumber": 233,
  "pageCount": 334,
  "prevPage": 232,
  "nextPage": 234,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "dense",
  "nDataPoints": 0,
  "notes": "The slide uses direct quotes to undermine the credibility of the product being discussed.",
  "elementsJson": [
    "paragraph",
    "quote_block",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9a-0f4bec37392f/233",
  "deckHref": "/decks/019dd923-622c-750b-8b9a-0f4bec37392f",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-0f4bec37392f.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-0f4bec37392f#slide-233",
  "components": [
    {
      "bbox": {
        "h": 0.12,
        "w": 0.86,
        "x": 0.07,
        "y": 0.28
      },
      "kind": "callout",
      "text": "The earliest Marvell would evaluate the A300 is in 2025 – “doesn’t make sense for us right now”\n“We are aware of the A300 series, and that is something that we will be looking at evaluating, but it most likely won’t be until the beginning of 2025 only because there's hardware demand softness that we're seeing, and so it doesn’t make sense for us right now to move forward with a new evaluation..” – Senior employee at Marvell Technology",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "1e7943f3-e7e4-40ff-b318-0496d140121b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "callout",
      "text": "Lasertec had “no data” to show for the A300; “no real world case studies” or independent evaluation; “no real way to discern” any value",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-78b7-702e-9618-da07f269fa90",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.22,
        "w": 0.86,
        "x": 0.07,
        "y": 0.41
      },
      "kind": "paragraph",
      "text": "Lasertec had “no data” to show for the A300; “no real world case studies” or independent evaluation; “no real way to discern” any value\nQ: “The A300 sounded like vaporware to me. Did they even have any evaluation data or benchmarks? What was the status?”\nA: “No, there was no data that they had. They essentially just had value-add of how this is different, namely in their light source...there's no real-world case studies from independently verified semiconductor industry associations or a semiconductor consortium. And so, there's no real way to discern that this actually has a value-add that would offset the overall cost of taking possession of one of these machines.” – Senior employee at Marvell Technology",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "4fa83056-1a69-4043-9d1c-2efd4d35fe95",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.86,
        "x": 0.07,
        "y": 0.19
      },
      "kind": "paragraph",
      "text": "The senior employee expressed significant skepticism: “there was no data that they had”; “no real-world case studies from independently verified semiconductor industry associations”; “no real way to discern that this actually has a value-add.”",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "86b6ea97-036d-4889-aab2-8a5936f963e9",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "“We are aware of the A300 series, and that is something that we will be looking at evaluating, but it most likely won’t be until the beginning of 2025 only because there’s hardware demand softness that we’re seeing, and so it doesn’t make sense for us right now to move forward with a new evaluation..” — Senior employee at Marvell Technology",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd953-78b7-702e-9618-de1ab7c3616c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.25,
        "x": 0.07,
        "y": 0.95
      },
      "kind": "source-note",
      "text": "Source: Scorpion Capital consultation calls with experts",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "bd2f7b96-232d-4c10-b57f-5d61cc067878",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.12,
        "w": 0.86,
        "x": 0.07,
        "y": 0.07
      },
      "kind": "title",
      "text": "Marvell stated that it is “aware” of the “new” ACTIS A300 EUV inspection machine but that “it doesn’t make sense for us right now” to even evaluate it.",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f1bc1d8a-da89-4f51-a829-c8c950136afb",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}